Listing Courtesy of: Richard Matt Shane - All Island Estates Realty Corp 516-783-5600
$1,635,000 affordable loan icon Calculate Payment

538 Bainbridge St Unit 6 Brooklyn, NY 11233

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Mixed Use Residence
Beds
Baths
Sq. Ft.
0.06 Acre Lot

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Last updated on 11/25/2024 8:23 AM
Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Apartment Building In Bushwick For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6 Zoning, 6 Parking Spaces, High 10' Ceilings, Separate Meters, Low Property Taxes, All New LED Lighting, A/C..., +++!!! The Property Is Located In The Heart Of Bushwick Just A Few Blocks Off Atlantic Avenue Near Highland Park!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens], AutoZone, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, KFC, +++!!! This Property Offers HUGE Upside Potential!!! Income: Unit 1L : $22,572 Ann. Unit 1R: $31,008 Ann. Unit 2L: $22,200 Ann. Unit 2R: $21,000 Ann. Unit 3R: $25,896 Ann. Unit 3L: $22,200 Ann. Gross Income: $144,876 Ann. Expenses: Gas : $0 Ann. Electric: $0 Ann. Water + Sewer: $4,335 Ann. Insurance: $5,000 Ann. Taxes: $7,786.42 Ann. Total Expenses: $17,121.42 Ann. Net Operating Income (NOI): $127,754.58 Ann. 7.81 CAP Continue reading
MLS#
3550293
Property Type
Mixed Use
Year Built
1907
Lot Size
0.06

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Listing Courtesy of: Richard Matt Shane - All Island Estates Realty Corp 516-783-5600
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listings courtesy of One Key MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/13/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024, OneKey MLS, Inc. All Rights Reserved.
This content last refreshed on 11/25/2024 8:23 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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